Consolidation Loans

ALL Student Loan has temporarily suspended its federal student loan consolidation program effective as of March 27, 2008 until further notice.

If you are having trouble making your student loan payments and need information regarding student loan repayment and debt management, please consider the following options:

• Extended Repayment: Allows borrowers with at least $30,000 in qualifying federal student loans, with no loan prior to October 7, 1998 to extend their repayment term to up to 25 years. In many instances, this will reduce the borrower’s monthly payment.

• Graduated Repayment: A repayment schedule under which the amount of the borrower's installment payment starts lower and gradually increases during the repayment term.

• Deferments: Allows borrowers to defer their monthly payments during the eligible authorized periods. Unsubsidized interest will accrue and be capitalized at the end of the deferment period.

The most common deferments are:

o In-school
o Unemployment
o Armed Forces/Military
o Temporary Total Disability
o Economic Hardship

• Forbearances: Allow borrowers to postpone or reduce their monthly payments during the eligible authorized periods. Interest will continue to accrue and be capitalized at the end of the forbearance period.

Please contact your servicer(s) for any of the above options that may be available to you, or you may contact the ALL Student Loan Client Service Department at 888-271-9721.

ALL Student Loan Servicing Corporation
800-887-3601
www.allstudentloanservicing.com

ACS
800-835-4611
www.acs-education.com

Great Lakes – Borrower Services
800-236-4300
www.mygreatlakes.org

Sallie Mae Servicing Corporation
888-272-5543
www.salliemae.com